Residential building for sale - 4710 Balsthal

For sale is a yield property with a lot of potential in the center of Balsthal / SO.

The exciting residential and commercial building in Balsthal is currently a residential building with two gastronomy locations on the ground floor, ongoing renovations and updates have kept the property in very good solid condition. Further value-preserving investments such as bathroom, kitchen, and room renovations have been continuously made. On the 1st floor, there are thirteen recently renovated rooms. Some studios have separate kitchens and bathrooms, while the remaining rooms do not have separate kitchens and bathrooms; these are used with a communal kitchen and communal bathroom.

The property includes 30 parking spaces, of which two are located on the property and twenty-eight others are in the parking lot of parcel 1207. Main entrances are located on Herrengasse and Löwengasse. The property can be taken over as a yield property, and it has great potential to generate even more income.

The highlights for the multi-family house summarized at a glance:

• Very central location, village center
• Fully rented except for two studios
• Rental potential upwards
• Over 7.5% gross yield
• Attic expansion possibilities
• Partially renovated residential and commercial building
• Very interesting for investors

The property is currently fully rented except for two studios, and with full occupancy, it shows a gross yield of over 7.5%.

**Thank you for your interest in our properties; if you have any questions, you can contact us anytime at 079 585 44 09.